Africa

South Sudan Hopes New Mining Law Will Unearth Treasuresi
X
June 01, 2013 7:13 PM
South Sudan won independence and vast oil reserves in 2011, when it split from civil war foe Sudan. As the rocky relationship with its northern neighbor jeopardizes oil exports, however, the new nation hopes a new mining law will attract foreign companies to unearth its mineral treasures and secure its future fortune. Hannah McNeish reports from the country’s 'wild east,' where thousands of people armed only with picks and pans are hunting for gold.

South Sudan Hopes New Mining Law Will Unearth Treasures

Published June 01, 2013

South Sudan won independence and vast oil reserves in 2011, when it split from civil war foe Sudan. As the rocky relationship with its northern neighbor jeopardizes oil exports, however, the new nation hopes a new mining law will attract foreign companies to unearth its mineral treasures and secure its future fortune. Hannah McNeish reports from the country’s 'wild east,' where thousands of people armed only with picks and pans are hunting for gold.


You May Like

Taliban's New Leader Says Jihad Will Continue

Top US Afghan diplomat also meets with Pakistani, Afghan officials following news of Mullah Omar's death More

Video US Landmark Pushes Endangered Species

People gathered in streets, on rooftops in Manhattan to see image highlights that covered 33 floors of Empire State Building More

World’s Widest Suspension Bridge Being Built Over Bosphorus

Once built, Yavuz Sultan Selim Bridge will span 2 kilometers with about 1.5 kilometers over water, and will be longest suspension bridge in world carrying rail system More